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Works of Daniel Lacalle
Works of Daniel Lacalle

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Aug 23

Milei Is Not Argentina’s Problem. Socialism Is

Argentina’s problem is not Milei. The Central Bank of Argentina does not have to devalue the peso due to the victory of Javier Milei in the primaries. The Central Bank of Argentina and the Peronist government have been devaluing the peso and sinking the currency for years. …

Socialism

5 min read

Milei Is Not Argentina’s Problem. Socialism Is
Milei Is Not Argentina’s Problem. Socialism Is
Socialism

5 min read


Aug 13

The European Energy Crisis May Be Back Soon

European natural gas prices soared almost 40 percent on the risk of a global liquefied natural gas shortage. …

Energy

4 min read

Energy

4 min read


Aug 1

Optimism About Inflation May Be Premature

Markets are pricing a rapid decline in inflation and the end of central bank policy normalization. However, there are two challenges ahead that we must consider. The most important is that inflation is cumulative, and the year-on-year change between January and July was supported by the base effect. When the…

Inflation

3 min read

Optimism About Inflation May Be Premature
Optimism About Inflation May Be Premature
Inflation

3 min read


Jul 28

Making You Poorer to Control You. Honest Money is the Key to freedom

The middle class in all developed economies is disappearing through a constant process of erosion of its capacity to climb the social ladder. This is happening in the middle of massive so-called stimulus plans, large entitlement programs, endless deficit spending, and “social” programs. The reality is that those who blame…

Middle Class

6 min read

Making You Poorer to Control You. Honest Money is the Key to freedom
Making You Poorer to Control You. Honest Money is the Key to freedom
Middle Class

6 min read


Jul 27

Seller Inflation Is a Myth Created by Statism

Interventionists always blame inflation on everything and anything except the only thing that makes aggregate prices rise: Issuing more units of currency than the real demand. Seller inflation is the same excuse and fallacy as cost-push inflation. …

Inflation

5 min read

Seller Inflation Is a Myth Created by Statism
Seller Inflation Is a Myth Created by Statism
Inflation

5 min read


Jul 26

Why US citizens should not accept 3% inflation.

The recent University of Michigan survey’s reading of one-year inflation expectations rose to 3.4% in July from 3.3% in June. The five-year outlook also increased to 3.1% from 3.0% in the previous month. There is a mainstream narrative that is growing all over the financial media: We must accept three…

Inflation

3 min read

Why US citizens should not accept 3% inflation.
Why US citizens should not accept 3% inflation.
Inflation

3 min read


Jul 25

U.S. Consumers Are Suffering In A Less Than “Robust” Economy

Keynesian policies are damaging what they were intended to support. No example is more evident than the United States. A few years ago, in 2021, I had a conversation with Judy Shelton where she said that the recovery would be much stronger without the stimulus package, and she was right…

Keynesian Economics

4 min read

Keynesian Economics

4 min read


Jul 8

How Bidenomics generates more debt and inflation

Estimates of United States growth have improved but remain massively below the Federal Reserve projections. After the largest monetary and fiscal stimulus in recent years, growth remains well below trend and debt is significantly higher. …

Joe Biden

4 min read

How Bidenomics generates more debt and inflation
How Bidenomics generates more debt and inflation
Joe Biden

4 min read


Jun 27

Money Supply Slump Spells Private Sector Recession

Allow me to explain why we have not seen a recession yet despite the collapse in base money supply. We are witnessing the stealth nationalization of the economy. What does this mean? The entire burden of the monetary collapse and rate hikes is falling on the shoulders of families and…

Recession

4 min read

Recession

4 min read


Jun 26

Global Economic Surprise Plummets as Eurozone Enters Recession

Investor sentiment is clearly bullish. The CNN Fear and Greed Index for June 18th, 2023, stood at 82, which signals “extreme greed”. This is a drastic optimistic move after closing at “greed” (56 over 100) a month before and “extreme fear” (17 over 100) only one year ago. However, in…

Recession

3 min read

Global Economic Surprise Plummets as Eurozone Enters Recession
Global Economic Surprise Plummets as Eurozone Enters Recession
Recession

3 min read

Works of Daniel Lacalle

Works of Daniel Lacalle

21 Followers

Sharing the writing of Daniel Lacalle with his permission.

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